Tether Investments participated in a $39 million Series A round for Pave Bank — the first bank combining traditional finance with digital assets. The round was led by Accel, with participants including Wintermute, Quona Capital, and Helios Digital Ventures. A new generation bank Pave Bank positions itself as ‘the first programmable bank for the era…
Aave Labs, the developer of the eponymous decentralized lending ecosystem, has acquired Stable Finance, a San Francisco-based company. The deal opens up Aave‘s entry into the retail onchain services market. Founded in 2023, the Stable Financeapp allows users to deposit funds from bank accounts, cards, or crypto wallets to earn yield on stablecoins through overcollateralized…
In the past 24 hours, the PROVE token from the Succinct project has shown double-digit growth and entered the ranks of the top-performing crypto assets. Amid this movement, the price has confidently held above the $1 mark. Interest in the project is fueled by overall activity in the Ethereum Layer 2 ecosystems, where the focus…
21Shares has submitted an updated application to the U.S. Securities and Exchange Commission (SEC) regarding its Sui ETF. The document specifies staking details for the first time and confirms that the fund will be traded on Nasdaq. The chosen custodial partners are Coinbase and Bank of New York Mellon. New ETF format with staking income…
The Consumer Price Index (CPI) in the US rose by 3% year-on-year in September, showing the strongest acceleration since the end of 2023. The main driver of growth was again energy — a jump in gasoline prices pushed the overall inflation rate above expectations. Energy pushes inflation up again According to the US Bureau of…
Binance founder Changpeng Zhao (CZ) confirmed on October 23 on X that he received an official pardon from former US President Donald Trump. He wrote: “Immensely grateful for today’s pardon and to President Trump for his commitment to the principles of justice, innovation, and honesty. We will do everything possible to make America the capital…
Oracle provider RedStone has connected prediction market data from Kalshi to all its networks. That’s over 110 blockchains, including Ethereum, Solana, Base, TON and Sui. Now decentralized applications (DApps) will be able to use Kalshi data on real-world events: from elections and Fed decisions to TV appearances by Taylor Swift. Yes, even that can now…
The first wave of crypto ETFs gave investors access to digital assets through regular brokerage accounts — including tax-advantaged retirement accounts. Given the long-term potential of cryptocurrencies, this looked like a lucrative solution. But volatility hasn’t gone anywhere. Just last week, $19 billion was wiped out on the bitcoin market due to margin positions —…
DraftKings announced a partnership with Polymarket after acquiring the CFTC-licensed company Railbird. As part of the deal, Polymarket will become the clearing center for a new regulated prediction market—a move that could boost blockchain adoption in traditional finance. Regulated predictions and the role of Polymarket The deal with Railbird allows DraftKings to launch its own…
TON Strategy, led by Executive Chairman Manuel Stolz, has officially announced the creation of a treasury structure with assets totaling $558 million. The new instrument became the first public way for American investors to access Toncoin and the Telegram ecosystem. TON enters the US market According to Stolz, the listing of TON Strategy on Nasdaq…
Investment fund a16z has released a new report on the crypto market for 2025. The main conclusion: the industry has finally matured. The reason is the influx of institutional money, growing interest in stablecoins, the emergence of clear infrastructure, and the first clear regulatory rules. “The story of this year is the maturing of crypto…
Fetch.ai CEO Humayun Sheikh announced a quarter-million dollar reward for information about the signers of the OceanDAO multisig wallet. This move has once again escalated tensions with Ocean Protocol — amid allegations of possible misappropriation of funds even before the merger with Fetch.ai as part of the alliance. The conflict dates back to the time…